WPP plc American Depositary Shares (NYSE:WPP)‘s stock had its “hold” rating restated by equities researchers at Pivotal Research in a note issued to investors on Wednesday, March 7th.
Other research analysts have also issued research reports about the company. Zacks Investment Research lowered WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a research report on Saturday, January 27th. Goldman Sachs Group reiterated a “neutral” rating on shares of WPP plc American Depositary Shares in a report on Wednesday, January 24th. HSBC downgraded shares of WPP plc American Depositary Shares from a “buy” rating to a “hold” rating in a research note on Monday, January 29th. Bank of America downgraded WPP plc American Depositary Shares from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 25th. Finally, Credit Suisse Group downgraded WPP plc American Depositary Shares from an “outperform” rating to a “neutral” rating in a research report on Tuesday, January 23rd. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $107.00.
Shares of WPP plc American Depositary Shares (NYSE WPP) traded up $0.45 during mid-day trading on Wednesday, hitting $81.64. The stock had a trading volume of 194,067 shares, compared to its average volume of 265,036. WPP plc American Depositary Shares has a 1 year low of $80.26 and a 1 year high of $113.51. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.63.
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WPP plc American Depositary Shares Company Profile
WPP PLC is a parent company that, through its subsidiaries, is engaged in the provision of communications and marketing services worldwide. The Company has four segments: Advertising and Media Investment Management; Consumer Insight (formerly Information, Insight & Consultancy); Public Relations & Public Affairs, and Branding & Identity, Healthcare and Specialist Communications, which includes WPP Digital and direct, digital, promotional and relationship marketing.
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